Book Publisher Eksmo Acquires Online Ebook Store LitRes
June 23rd, 2009 | by rarzi |
The heading book edition house in Russia, Eksmo has acquired the largest Russian online digital book store LitRes from Imhonet.ru letter of reference use owner Alexander Dolgin, reported Webplanet by citing unnamed sources.
Founded in 2007 as the outcome of the partnership of multiform online digital book libraries, LitRes has some-more than 200 thousand purebred users as well as 1 million singular monthly visitors. LitRes has some-more than 19,000 ebooks in the catalogue from some-more than 4,500 authors. LitRes pays authors the share for any ebook sold. The site says the normal ebook cost is usually eleven Rubles (34 cents).
Founded in 1991, Eksmo binds fifteen percent share of Russian book edition market. The association published some-more than 10,000 book titles with the sum imitation run of 99.7 million copies in 2008. In Sep 2007, Eksmo acquired the infancy interest in audio book edition commercial operation of CDCom.
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